News
Alternative Risk Transfer
PineBridge Investments, a global multi-asset class investment manager, has appointed Alain Meyer as head of Switzerland and Austria for the firm. 9 May 2017
Insurance
UK-based insurance intermediary Towergate Insurance recorded a loss before interest, taxes, depreciation and amortisation in the first quarter of 2017 after a profit in the same period a year ago. 9 May 2017
Insurance
Disposing of legacy portfolios is an increasingly important mechanism in the capital management toolbox, but how are carriers to be persuaded that it’s a good idea? Tom Dixon of Randall & Quilter has some answers. 8 May 2017
Insurance
IRLA is an exceptional forum for the legacy industry, providing a single coordinated voice to government and interested parties worldwide, says James Bolton, chairman of the IRLA Membership and Communications Committee. 8 May 2017
Insurance
A $9.8 billion reinsurance deal with AIG and the UK’s Ogden discount rate change weighed on Berkshire Hathaway’s first quarter results. 8 May 2017
Insurance
Ratings agency AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the US life/health subsidiaries of Netherland-based insurance group Aegon. 8 May 2017
Insurance
France-based credit insurance company reported lower net income for the first quarter of 2017 but the combined ratio improved as the company implements actions to protect profitability. 8 May 2017
Insurance
China's insurance regulator has barred Anbang Life Insurance from applying to issue new products for three months, the latest move in an industry-wide crackdown, Reuters reported May 5. 8 May 2017
Insurance
Bermuda-based mortgage insurance provider Essent Group has expanded its business in the first quarter of 2017, helping to lift profits. 8 May 2017
Insurance
Markel CATCo Investment Management has appointed Alissa Fredricks as chief risk officer, and Simon Moore as co-chief underwriting officer alongside Lindsay Watson. 8 May 2017
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